ARKONasdaqRetail-Convenience StoresFiscal year ends December 31
ARKO Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$4.03−0.07 (-1.71%)
Close on Oct 19, 2026
- Market cap
- $467.00M
- P/E (TTM)
- 57.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Operating margin
1.3%−0.7 pts over 5 years
Net margin
0.3%−0.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -12.5% | -5.8% | +13.8% | – | |
| Operating income | +8.8% | -15.1% | +5.0% | – | |
| Net income | +9.1% | -31.8% | +10.7% | – | |
| EPS, diluted | +15.4% | -34.3% | 0.0% | – | |
| Free cash flow | -39.5% | -16.1% | -12.8% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 8.4% | |
| Return on assets | – | – | 0.6% | |
| Current ratio | – | 1.57 | 1.66 | |
| Debt to equity | – | 3.91 | 3.41 | |
| Net debt to EBITDA | – | 2.95× | 2.56× | |
| Interest coverage | – | 1.6× | 1.1× | |
| Capex to revenue | – | 1.1% | 1.7% | |
| Diluted shares | – | 71M | 115M |
Where the cash went
Fiscal 2021 to 2025, five years combined
ARKO generated $918.98M from operations and spent $863.65M on capital expenditure, dividends and share buybacks. 78% of that went back into the business.
Generated
$918.98M
Used
$863.65M
Capital expenditure$677.16M78%Dividends$52.79M6%Share buybacks$133.69M15%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.3%
×Asset turnover2.14×
×Equity multiplier13.15×
=Return on equity, FY20258.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.3% | 2.14× | 13.15× | 8.4% |
| FY2024 | 0.2% | 2.40× | 13.15× | 7.5% |
| FY2023 | 0.4% | 2.73× | 12.40× | 12.3% |
| FY2022 | 0.8% | 2.95× | 11.60× | 26.9% |
| FY2021 | 0.8% | 2.61× | 12.77× | 26.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$22.74M
- Cash generatingOperating cash flow above zero$192.59M
- Return on assets improvedROA up on the prior year0.6% → 0.6%
- Earnings backed by cashOperating cash flow above net income$192.59M vs $22.74M
- Less leverageLong-term debt to assets fell24.0% → 24.8%
- Better liquidityCurrent ratio rose1.62 → 1.66
- No dilutionShare count did not rise117M → 115M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose2.39 → 2.11